Head of Operational Risk Management

Bank of China (Hong Kong); Hong Kong; Sur place; HKD 1 200 000 - 1 800 000; Plein temps

Avantages offerts par ce poste

Medical insurance

Résumé du poste

Bank of China (Hong Kong) invites an experienced risk management leader to set up an effective operational risk framework in line with Basel and regulatory requirements. You will coordinate with departments to implement risk strategies, adopt methods, tools and procedures to identify, assess, monitor and mitigate risks.

You will monitor implementation, support due diligence for products/services, participate in business continuity planning, lead risk management across ASEAN institutions, promote

Qualifications

• Bachelor degree or above in Finance, Accounting, Risk Management, Economics, Mathematics, Statistics or related discipline
• ACCA/CPA/FRM/PRM/CIA preferred
• Minimum 10 years of risk management experience in banking; 6 years in team management preferred
• Sound understanding of local regulatory requirements and risk monitoring framework
• Proficiency in English and Chinese (Putonghua) with good communication skills

Responsabilités

• Set up an effective operational risk management framework in line with Basel and regulatory requirements.
• Coordinate with departments to implement risk strategies, adopt methodologies, tools and procedures to identify, assess, monitor, control or mitigate operational risk.
• Monitor departments' implementation of risk policies, follow up risks identified and provide recommendations to mitigate weaknesses.
• Formulate admin measures for products/services risk monitoring and participate in due diligence for products/services and insourced/outsourced activities.
• Develop business continuity plans and risk mitigation measures, manage drills and daily emergency events.
• Lead and manage risk management, business continuity planning and emergency handling for ASEAN institutions/subsidiaries.
• Promote risk management culture, awareness and training; ensure compliance with regulators and internal policies.

Description du poste

Responsibilities

• Set up an effective operational risk management framework for BOCHK Group (the Group) according to the Basel and regulatory requirements;
• Coordinate with departments to implement the bank’s operational risk management strategies and policies, assist to adopt appropriate methodologies, tools and procedures to identify, assess, monitor, control or mitigate operational risk;
• Monitor departments’ implementation of operational risk management policies, follow up of key operational risks identified via operational risk management tools and provide recommendations to mitigate control weaknesses and monitor the rectification progress;
• Formulate products/services risk monitoring administrative measures at bank-level, participate in the due diligence process pertaining to products/services as well as insourced/outsourced activities;
• Formulate business continuity plan and risk mitigation measures and manage its implementation, including the business continuity facilities setup, maintenance and amendment of business continuity plan, drills test, monitor the daily emergency events;
• Lead and manage the operational risk management, business continuity planning and emergency handling of ASEAN institutions /subsidiaries;
• Promote operational risk management culture, awareness and training;
• Comply with legal, regulations or rules issued by regulators, bank’s strategy and relevant risk management policies and procedures; identify and control potential or existing risks of various types, timely report to the superior and the relevant units, formulate and follow up the rectification measures.

Requirements

• Bachelor degree holder or above with major in Finance, Accounting, Risk Management, Economics, Mathematics, Statistics or other related discipline;
• Holder of professional qualification in ACCA / CPA / FRM / PRM / CIA etc. is preferred;
• Minimum of 10 years of experiences in risk management in banking; minimum of 6 years of team management experience is preferred;
• Possess sound understanding in local regulatory requirements, industry peers and market practices, etc.;
• Familiar with bank operations and knowledgeable in concepts, principles and monitoring framework of risk management;
• Proficiency in both English and Chinese (including Putonghua) with good communication skills.

We offer competitive remuneration package and comprehensive fringe benefits including medical and life insurance, and different types of allowances to the right candidates.